Global IT Asset Disposition (ITAD) Strategic Business Report 2023: Ongoing Drive towards Digital Transformation Instigates Opportunities

Dublin, May 22, 2023 (GLOBE NEWSWIRE) -- The "IT Asset Disposition (ITAD): Global Strategic Business Report" report has been added to's offering.

The global market for IT Asset Disposition (ITAD) estimated at US$16.8 Billion in the year 2022, is projected to reach a revised size of US$34 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030.

Remarketing & Value Recovery, one of the segments analyzed in the report, is projected to record a 9.9% CAGR and reach US$8.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the De-Manufacturing & Recycling segment is readjusted to a revised 8.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.3 Billion, While China is Forecast to Grow at 11.7% CAGR

The IT Asset Disposition (ITAD) market in the U.S. is estimated at US$6.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.

Select Competitors (Total 294 Featured) -

  • Apto Solutions Inc.
  • Dell Technologies Inc.
  • EOL IT Services Ltd.
  • Exit Technologies, Inc.
  • Gigacycle Ltd.
  • GreenTek Reman Pvt. Ltd.
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • ICEX Ltd.
  • Ingram Micro Inc.
  • Iron Mountain Incorporated
  • ITRenew, Inc.
  • LifeSpan International Inc.
  • Maxicom Inc.
  • MultiTek, LLC
  • Sims Lifecycle Services, Inc.
  • TBS Industries Inc.
  • Tes-Amm India Pvt. Ltd.
  • Tes-Amm Singapore Pte Ltd.
  • Wisetek Solutions, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages666
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$16.8 Billion
Forecasted Market Value (USD) by 2030$34 Billion
Compound Annual Growth Rate9.2%
Regions CoveredGlobal

Key Topics Covered:




  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
  • Progress on Vaccinations: Why Should Businesses Care?
  • With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
  • IT Asset Management Industry from the Pandemic Lens
  • COVID-19-Induced Challenges Affecting IT Asset Disposition Programs
  • Asset Storage & Relocation Services Gain Traction
  • IT Asset Disposition Players to Gain from Delayed Projects & Pent-Up Demand in 2022 and Beyond
  • ITAD Vendors Innovate with Disposal Box Programs
  • Competitive Scenario
  • Electronics Recycling & IT Asset Disposition Players Mend Ways to Deal with COVID-19
  • With Impact of COVID-19 Waning Gradually, IT Asset Disposition Companies Get Back to Business
  • IT Asset Disposition (ITAD) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Global Market Prospects & Outlook
  • World IT Asset Disposition Market by Asset Type (2020 & 2027): Percentage Breakdown of Revenues for Computers/Laptops, Mobile Devices, Servers, Peripherals, Storage Devices, and Other Asset Types
  • COVID-19-Led New Normal Holds Major Implications for IT Asset Disposition Strategy
  • ITAD Market to Remain in Upswing Mode & Move Forward Swiftly
  • Key Trends & Disruptions Impacting the Market
  • Analysis by Service Type
  • Data Destruction & Data Sanitization: Largest Service Segment
  • World IT Asset Disposition Market by Service (2020 & 2027): Percentage Breakdown of Revenues for Remarketing & Value Recovery, De-Manufacturing & Recycling, Data Destruction/Data Sanitization, Logistics Management & Reverse Logistics, and Other Services
  • Remarketing & Value Recovery Services Remain Highly Relevant
  • Robust Demand for ITAD De-Manufacturing & Recycling Services
  • Logistics Management & Reverse Logistics Gain Traction
  • BFSI, IT & Telecom, and Media & Entertainment: Major End-Users Presenting Growth Opportunities
  • World IT Asset Disposition Market by End-Use (2020 & 2027): Percentage Breakdown of Revenues for IT & Telecom, Media & Entertainment, BFSI, Healthcare, Government, Educational Institutions, and Other End-Uses
  • While Developed Regions Remain Major Revenue Generators, Developing Regions Emerge as Fastest Growing Markets
  • World IT Asset Disposition Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • Global IT Asset Disposition Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
  • Recent Market Activity



  • Thriving Trends with Big Implications for IT Asset Disposition
  • ITAD: A Critical Strategy to Stay Relevant in Changing & Evolving Technology Arena
  • Ongoing Drive towards Digital Transformation Instigates Opportunities
  • Global Digital Transformation Spending (In US$ Trillion) for the Years 2019 through 2023
  • Large Installed Base of IT Assets & Sustained Investments on IT Devices Augurs Well
  • Quicker Obsolescence of IT Devices & Resulting E-Waste Volumes Amplify the Need for ITAD
  • Average Lifespan (in Years) of Select IT Products
  • Data Security Concerns associated with Discarded IT Equipment Build Robust Momentum
  • Critical Importance of IT Asset Management in Modern Enterprise Environments Points Towards Progressive Adoption of ITAD Services
  • Expanding IoT Ecosystem Provides Steady Demand Prospects
  • Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025P
  • Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022E
  • IoT Big Data Generated by Connected Devices Worldwide (In Zettabytes) for the Years 2018 & 2025P
  • Widespread Adoption of Cloud Computing Elevates Prospects for ITAD
  • Global Public Cloud Computing Market (in US$ Billion) by Segment for the Years 2019 and 2022E
  • Key Benefits Driving Adoption of Cloud Services of Large, Medium and Small Businesses
  • Rise of Cloud Data Center Spurs the Demand for ITAD Services
  • Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2019 and 2021E
  • With BYOD Evolving into Mainstream Enterprise Concept, Opportunities Galore for ITAD Services Market
  • Key Factors Encouraging BYOD Trend among Enterprises Ranked by Importance Attached by Enterprises
  • Smartphone Nurtures BYOD Ecosystem
  • Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022E
  • Smartphone Adoption Worldwide by Region (in %): 2018 & 2025P
  • Surging Smartphone Penetration: Smartphone Users as % of Global Population for the Period 2018-2022E
  • Tablet PCs
  • Growing Use of Recyclable Materials in Making IT Devices Augurs Well for ITAD Market
  • Involvement of Device Manufacturers & Retailers Boosts Market Prospects
  • Ongoing Trade Wars to Impact the ITAD Market
  • Resolving Prevailing Issues & Challenges: Critical for Future Success of ITAD Services Market
  • Transit Challenges
  • Material & Process Level Challenges
  • Smaller & Thinner IT Devices Amplify the Complexity
  • Low Awareness Levels Thwart Industry Efforts
  • Low Commodity Price Values: A Major Challenge
  • Pandemic Led Changing IT Landscape Throws Challenges for ITAD




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Global Market for IT Asset Disposition (ITAD)

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